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Neighbourhood in Richmond Hill
Homes for sale in South Richvale
South Richvale is a residential neighbourhood in Richmond Hill. It is known for its spacious homes and good schools.
At a glance
Unit 809E, 8868 Yonge Street
Richmond Hill (South Richvale)
Listed 28 days ago
- 1+1Bedrooms
- 1Bathroom
- 1Parking
- 500~599Sq.Ft.
Condo ApartmentFor Sale
Unit 1609W, 3 Rosewater Street
Richmond Hill (South Richvale)
Listed 28 days ago
- 3Bedrooms
- 3Bathrooms
- 1Parking
- 1K~1.2KSq.Ft.
Condo ApartmentFor Sale
50 Garden Avenue
Richmond Hill (South Richvale)
Listed 28 days ago
- 5Bedrooms
- 5Bathrooms
- 2Garage
- 5K+Sq.Ft.
DetachedFor Sale
92 Westwood Lane
Richmond Hill (South Richvale)
Listed 28 days ago
- 4+2Bedrooms
- 8Bathrooms
- 2Garage
- 3.5K~5KSq.Ft.
DetachedFor Sale
Day to dayLivability
7.7
Schools near listings
out of 10 · averaged over 1,397 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$2,289,000
In South Richvale
$2,289,000
In Richmond Hill
$1,257,000
In Ontario
$709,900
Median monthly rent
$2,638/mo
In South Richvale
$2,638
In Richmond Hill
$2,500
In Ontario
$2,500
≈ 72.3 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
101
Median $2,289,000
Houses 73 · Condos 28
For rent
32
Median $2,638
Houses 20 · Condos 12
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Good schools for families
- High ownership rate at 84.4%
- Quiet, suburban atmosphere
- Close-knit community feel
Keep in mind
- High median home prices at $2,289,000
- Limited public transit options
- Fewer grocery stores available
The feel of the placeLifestyle
Residents enjoy a suburban lifestyle with access to parks and schools. Daily life is peaceful and family-oriented.
Within the boundaryWhat's nearby
The boundary
4.4 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
8
Parks
7
Playgrounds
8
Restaurants
1
Cafés
1
Libraries
2
Pharmacies
Counted across all 4.4 km² of South Richvale. From OpenStreetMap, as of 2026-10-26.
The schoolsWhich schools, and how they rate
6.8/10
Average rating of the 2 rated schools in this area
1
Elementary
3
Secondary
Charles Howitt Public School
Public · Grades JK–8 · York Region DSB
8.3/107.5 over 5 yrs231st of 3,045 Ontario elementary schools
550 students · EQAO 2024-2025
Langstaff Secondary School
Public · Grades 9–12 · York Region DSB
5.2/106.3 over 5 yrs532nd of 742 Ontario secondary schools
635 students · EQAO 2024-2025
Langstaff Secondary Summer School
Public · Grades 9–12 · York Region DSB
Not rated
Langstaff Summer School
Public · Grades 9–12 · York Region DSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside South Richvale, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
7,209
Population (2021)
4.4 km²
Area
1,632
People per km²
46.1
Median age
$119,163
Median income
84%
Own their home
2.9
People per household
2,500
Households
Every age
- Children (under 15)12.9%
- Working age (15–64)65.8%
- Seniors (65+)21.4%
What is built here
- Detached houses81%
- Townhouses3%
- Duplexes5.6%
- Low-rise apartments0.6%
- High-rise apartments9.8%
Own or rent
84%Owners
15%Renters
Across 2,500 households
When it was built
Mostly 1981–1990
- 1960 or earlier5%
- 1961–198015%
- 1981–199030%
- 1991–200013%
- 2001–20056%
- 2006–20106%
- 2011–201511%
- 2016–202112%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 55.8%
- Born outside Canada
- 46.3%
- Hold a degree or higher
- 52.9%
- Employment rate
- 6.8%
- Commute by transit
- 89.1%
- Commute by car
- 1.7
- Children per family
- $102,039
- Median income after tax
- $194,637
- Average household income
- 11.8%
- Living on a low income
- $2,443/mo
- Renters pay, per month
- $2,146/mo
- Owners pay, per month
- $1,972,128
- Median home value at census
- 37.2%
- Renters spending 30%+ of income on housing
- 37.9%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry
What homes in South Richvale actually sell for
82 homes changed hands in South Richvale over the 12 months to September 2026. Half sold above $1,403,213 and half below, 13.1% lower than the 12 months before. A typical home found its buyer in 36 days — 4 days quicker than a year ago.
- Median sold price
- $1.40M
- -13.1% year over year
- Days to sell
- 36
- 4 days quicker
- Sales closed
- 82
- last 12 months
- Per square foot
- $706
- from 79 sized sales
Three years of sold prices
The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.
What buyers actually paid
$950,100
on a $1,000,000 asking price — under ask by $49,900
- Of the asking price
- 95.0%
- Sold over asking
- 15.9%
From 82 sales that closed here in the last 12 months.
Rent or buy in South Richvale
45.2 years
of rent, at the going rate here, adds up to what a home here costs.
Median sold price
$1,403,213
82 sales
Median rent
$2,588/mo
207 leases
Gross rental yield
2.21%
before costs
Both figures come from deals that actually closed in South Richvale over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
What actually trades in South Richvale
A single median hides this: the mix of homes behind it, and what each kind costs.
- Detached$2.32M25.6%
- Other kinds, too few of each —74.4%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — South Richvale, sales
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 8 | $1,210,000 | $508K – $1.51M | 48 | 94.1% |
| Aug 2026 | 5 | $1,860,000 | $1.14M – $2.15M | 25 | 96.3% |
| Jul 2026 | 7 | $1,449,000 | $620K – $2.24M | 50 | 98.0% |
| Jun 2026 | 15 | $1,600,000 | $756K – $2.67M | 28 | 94.8% |
| May 2026 | 7 | $614,000 | $610K – $1.33M | 26 | 95.7% |
| Apr 2026 | 7 | $1,130,000 | $1.07M – $1.32M | 41 | 94.0% |
| Mar 2026 | 4 | Not enough sales this month to report a median | |||
| Feb 2026 | 7 | $1,908,000 | $1.67M – $2.44M | 43 | 95.9% |
| Jan 2026 | 3 | Not enough sales this month to report a median | |||
| Dec 2025 | 5 | $590,000 | $528K – $2.00M | 37 | 96.6% |
| Nov 2025 | 7 | $1,907,500 | $1.40M – $2.37M | 21 | 93.6% |
| Oct 2025 | 7 | $1,330,000 | $764K – $2.04M | 43 | 92.7% |
| Sep 2025 | 8 | $1,560,000 | $1.02M – $2.11M | 36 | 94.6% |
| Aug 2025 | 4 | Not enough sales this month to report a median | |||
| Jul 2025 | 8 | $1,527,500 | $1.20M – $1.76M | 24 | 94.9% |
| Jun 2025 | 3 | Not enough sales this month to report a median | |||
| May 2025 | 11 | $1,500,000 | $1.36M – $4.39M | 50 | 95.2% |
| Apr 2025 | 8 | $1,357,500 | $693K – $1.53M | 18 | 97.5% |
| Mar 2025 | 5 | $869,000 | $845K – $1.33M | 16 | 107.2% |
| Feb 2025 | 5 | $3,000,000 | $535K – $3.02M | 66 | 95.9% |
| Jan 2025 | 6 | $1,232,500 | $604K – $1.94M | 26 | 99.3% |
| Dec 2024 | 9 | $1,320,000 | $775K – $3.79M | 87 | 94.1% |
| Nov 2024 | 6 | $2,610,000 | $1.82M – $3.78M | 30 | 92.9% |
| Oct 2024 | 12 | $1,454,000 | $686K – $2.45M | 27 | 98.7% |
| Sep 2024 | 3 | Not enough sales this month to report a median | |||
| Aug 2024 | 8 | $2,166,000 | $1.57M – $2.82M | 20 | 94.2% |
| Jul 2024 | 3 | Not enough sales this month to report a median | |||
| Jun 2024 | 5 | $1,500,000 | $1.30M – $1.52M | 13 | 99.1% |
| May 2024 | 3 | Not enough sales this month to report a median | |||
| Apr 2024 | 11 | $2,000,000 | $1.20M – $2.37M | 31 | 97.3% |
| Mar 2024 | 10 | $815,000 | $640K – $2.11M | 18 | 99.4% |
| Feb 2024 | 8 | $1,245,900 | $730K – $2.15M | 17 | 100.0% |
| Jan 2024 | 13 | $680,000 | $620K – $800K | 36 | 100.0% |
| Dec 2023 | 6 | $1,435,000 | $918K – $1.84M | 20 | 100.0% |
| Nov 2023 | 6 | $2,017,500 | $1.14M – $2.51M | 35 | 100.0% |
| Oct 2023 | 5 | $660,000 | $640K – $925K | 22 | 100.0% |
7 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.
What people ask about South Richvale
How much does a home cost in South Richvale?
Homes in South Richvale sold for a median of $1,403,213 over the 12 months to September 2026, across 82 closed sales — half sold for more and half for less. That is 13.1% lower than the 12 months before it.
How long does it take to sell a home in South Richvale?
A home in South Richvale took a median of 36 days on the market over the 12 months to September 2026. Homes there closed at 95.0% of the asking price on average, with 15.9% selling over asking.
How much is rent in South Richvale?
The median lease in South Richvale closed at $2,588 a month over the 12 months to September 2026, across 207 leases.
Is it cheaper to rent or buy in South Richvale?
A home in South Richvale costs about 45.2 years of the rent on one — the median price of $1,403,213 against a median rent of $2,588 a month, a gross yield of 2.21%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from sales reported closed in South Richvale on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.
A condo here is its own market
37 condo apartments and 2 condo townhouses are on the market in South Richvale right now. Too few have closed here in the last year for us to publish a median we would stand behind.
- Median condo rent
- $2,469/mo
- 145 leases